The Texas Stock Exchange (TXSE) announced it has officially filed its Form 1 registration with the U.S. Securities and Exchange Commission (SEC) to operate as a national securities exchange.
Texas Stock Exchange Files with SEC to Operate as a National Securities Exchange
If approved, TXSE said it plans to begin trading in early 2026, with listings to follow later that year.
TXSE is one of the few fully integrated exchanges to seek SEC approval in the past two decades.
The exchange said it aims to provide an alternative trading venue for corporate issuers and exchange-traded products (ETPs), while also offering auctions and a suite of data products.
“TXSE’s goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public,” the company said, adding that it is also building an order matching engine that leverages the latest technology.
“Today marks another milestone in our journey to make the Texas Stock Exchange a reality,” said James Lee, founder and CEO of TXSE Group Inc.
“Our team of market veterans and experienced technologists is committed to our long-term vision of revitalising competition for listings and enhancing trading in the U.S. capital markets.”
TXSE has also completed its initial capital raise of $161 million, which it says makes it the most well-capitalised exchange ever to file a Form 1.
Its founding investors include BlackRock, Citadel Securities, Charles Schwab, and Susquehanna Private Equity Investments. TXSE is exploring additional financing to accelerate its plans.
